Unfounded Rumor of the Afternoon: Grant Thornton Scrapping CPA Requirement for Promotion to Senior

This just in:

Rumor has it, GT is getting rid of the CPA exam requirement to be promoted to senior…
GT is one of two firms (that we explicitly know of) that currently requires audit professionals to pass the CPA exam in order to be promoted. If this particular tidbit is true, then it would be a reversal from Grant Thornton's new policy that was put in place a little over a year ago. It doesn't seem logical that a firm would change its mind on a promotion policy in such a short time frame, but then again, we shouldn't forget what the Purple Rose of Chicago is capable of. Keep us updated.

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